Tencent considers a passive investment of several hundred million dollars in Paramount Skydance’s acquisition of Warner Bros. Discovery. Bloomberg reports the total deal value is $110 billion.
Tencent initially pledged $1 billion in equity for the offer. The company withdrew after Warner Bros. raised U.S. national security concerns.
Tencent now reconsiders a smaller role following Paramount’s revised and accepted offer. The report indicates no final decision has been made.